Shannon Court, a mixed-use commercial property with residential planning in Sandy, Bedfordshire, has recently been sold, which Eddisons incorporating Barker Storey Matthews argues reflects the current investor appetite in the second quarter of 2021.
The building is situated on High Street and is comprised of three storeys, with a total of 14,770 sq. ft, with a retail arcade on the ground floor, and offices on the second and third floors. The property has been sold to an investor, the price remains undisclosed, though offers were in excess of the guide price of £1.05 million.
Matthew Hunt, from Eddisons, said “Shannon Court attracted strong interest from a number of potential investors. We were successful in achieving a sale price in excess of the guide price and that demonstrates that demand for property investment has held during recent, difficult economic trading conditions.”
Eddisons acted as joint agents for the transaction along with Allsop.
Image source: Eddisons
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